Word: brokering
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...three-legged stool. "Back then, people had fewer possessions and more land," she says. Another souvenir from the hunt: four bricks from her great-grandparents' house in Tennessee. Local newspaper archives can tell you more than you want to know. Dennis Rawlings, a Fort Myers, Fla., real estate broker, unearthed an account of his great-grandparents' wedding in Cedar Bluffs, Neb. The guests were named, the bride's dress described and the presents listed, including five pickle casters. "Pickle casters must have been the late 1800s equivalent of can openers," Rawlings jokes...
When the lot was put up for sale, the minimum bid was set at $650,000. Between March 7 and 10, the city tried once more to stop the sale and make a deal with the broker, Valente and the neighborhood. The council spoke with two environmental organizations, the Trust for Public Land and the Executive Office of Environmental Affairs Division of Conversation Services, as it formed a plan of action...
That's also why the monarchy's peripatetic Petroleum Minister, Ali Naimi, was trying last week to broker production cuts among major oil producers to sop up a global glut that has recently pushed prices to a 12-year low, barely higher in real terms than in 1973. After several days of haggling at meetings in Europe and the Persian Gulf, Naimi finally announced a breakthrough: Iran, Algeria, Venezuela, Mexico and the Saudis agreed to press OPEC (the Organization of Petroleum Exporting Countries) and non-OPEC countries for a 2 million- bbl.-a-day reduction in the flow of crude...
MORTGAGE TWO-TIMERS Your mortgage broker is supposed to be working for you, sifting the best deal from among lenders. But a new government report warns that many brokers, who handle half of all mortgages, have undisclosed agreements with lenders, letting them make money on top of the $1,000 to $3,000 per loan that borrowers typically ante up. Ask about such deals before you pay any fee. Also, that fee shouldn't go up just because rates...
...deal Surroi helped broker in France looks good on the surface for the Kosovars. After a year of fighting, they would be free of Yugoslav repression. The proposed self-rule would include control over government finances, locally maintained police forces, the removal of Serb troops and the presence of 28,000 NATO troops to ensure stability. Kosovars would feel as if they had their own nation, but they would remain a part of Yugoslavia...